齐鲁银行股份有限公司 2023 年度股东大会会议材料 （股票代码：601665） 二 O 二四年五月 文件目录 | 会议议程 1 | | | --- | --- | | 会议须知 3 | | | 议案一：2023 | 年度董事会工作报告 6 | | 议案二：2023 | 年度监事会工作报告 13 | | 议案三：2023 | 年度财务决算报告及 2024 年度财务预算方案 20 | | 议案四：2023 | 年度利润分配方案 23 | | 议案五：关于聘请 | 年度会计师事务所的议案 25 2024 | | 议案六：2023 | 年度关联交易情况报告 30 | | 议案七：关于 | 年度日常关联交易预计额度的议案 35 2024 | | 议案八：齐鲁银行股份有限公司 | 年股东回报规划 2024-2026 65 | | 议案九：关于修订《齐鲁银行股份有限公司章程》的议案 68 | | | 议案十：关于选举王鲁豫先生为第九届董事会非执行董事的议案 | | | 74 | | | 议案十一：关于 | 2023 年度大股东相关情况的评估报告 76 | | 议案十二：独立董事 | 年度述职报告 82 2023 | 会议 ...

问题一：贵行的财富管理业务在 2023 年主要取得了哪些成 果？有何新打法？ 齐鲁银行股份有限公司 2023 年度暨 2024 年第一季度业绩说明会 问答实录 时间：2024 年 5 月 8 日（星期三）10:00-11:30 地点：上证路演中心（网址：http://roadshow.sseinfo.com/） 参加人员：董事长郑祖刚，副董事长、行长张华，董事会秘 书胡金良，独立董事王庆彬，首席财务官、计财部总经理高永生， 首席信息官吴旭春 投资者提问及答复情况如下： 谢谢！ 问题四：各位领导好，贵行资产规模在去年四季度大幅增长， 且大幅增配了债券类资产，请问驱动因素为何？ 答：尊敬的投资者您好！本行秉承稳健发展理念，持续强化 宏观经济形势和各类资产的研究，努力把握市场投资和交易机会， 根据市场研判结合本行资产负债管理等实际情况，四季度适量增 配了债券类资产。谢谢！ 问题五：您好，请介绍下 2023 年数字化转型方面的具体投 入和成果？如何赋能业务发展？ 答：尊敬的投资者您好！本行不断拓展新的业务领域和规模 增长点，拓宽财富业务增收渠道，切实提升财富业务利润贡献。 产品方面，持续丰富财富产品线，甄选多家理财子 ...

参加人员：董事长郑祖刚，副董事长、行长张华，董事会秘 书胡金良，独立董事王庆彬，首席财务官、计财部总经理高永生， 首席信息官吴旭春 问答实录 时间：2024 年 5 月 8 日（星期三）10:00-11:30 地点：上证路演中心（网址：http://roadshow.sseinfo.com/） 齐鲁银行股份有限公司 2023 年度暨 2024 年第一季度业绩说明会 PAGE \* MERGEFORMAT2 问题二：为什么 2024 年一季度经营活动现金流为负数？预 计二季度能正吗？ 投资者提问及答复情况如下： 问题一：贵行的财富管理业务在 2023 年主要取得了哪些成 果？有何新打法？ 答：尊敬的投资者您好！银行由于经营货币资金，现金流量 净额不同于普通企业，现金流量净额的期间波动相对较大。一季 度，本行信贷投放较好，实现同比多增，同时受市场周期季节性 变化以及本行内部主动调整存款结构，适度控制高成本存款的吸 收，综合影响下存款增长低于贷款投放，影响经营活动现金流为 负数。本行各项经营指标表现良好，随着存款规模持续增长，经 营活动现金流将相应变动。谢谢！ 答：尊敬的投资者您好！本行不断拓展新的业务领域和规模 ...

证券研究报告 | 季报点评 2024年05月10日 齐鲁银行（601665.SH） 资产质量稳步改善，利润增速 15%+ 事件：齐鲁银行2023年营收、利润分别同比增长8.0%、18.0%，24Q1分别增长5.5%、 买入（维持） 16.0%，24Q1末不良率1.25%，较年初下降1bp。 股票信息 业绩：收入增长稳健，利润增速保持15%+。 行业 城商行 齐鲁银行23A、24Q1收入增速分别为8.0%、5.5%，相对稳定。其中24Q1增速略降主要 是息差下行压力下利息净收入增速放缓。利润增速分别为18.0%、16.0%，保持较高水平。 前次评级 买入 收入端拆分来看： 5月9日收盘价(元) 4.78 总市值(百万元) 23,111.11 1、利息净收入：23A、24Q1分别同比+3.5%、+0.5%。2023全年净息差为1.74%，环比 继续下降7bps，全年累计下降22bps，降幅基本与行业持平，24Q1预计息差仍有下行压力 总股本(百万股) 4,834.96 （重定价、竞争激烈等因素），拖累利息净收入增速下滑。 其中自由流通股(%) 53.23 30日日均成交量(百万股) 32.39 拆分看，2023下 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [4]. Core Views - The company has shown high growth in profits and improvement in asset quality, with a 2023 revenue growth of 8.0% and a net profit growth of 18.0% [5]. - The loan portfolio continues to expand significantly, with a 16.7% year-on-year growth in 2023 and a 5.8% growth in Q1 2024 [5]. - The net interest margin remains resilient, with a slight decline to 1.74% in 2023, but is expected to maintain relative stability compared to peers [5]. - Non-interest income has turned positive, driven by bond investments, with a 42% increase in other non-interest income [6]. - The asset quality continues to improve, with a non-performing loan ratio of 1.25% at the end of Q1 2024, marking a consistent decline over nine quarters [6]. Summary by Sections Financial Performance - In 2023, the company achieved a revenue of 11,063.7 million, with a net profit of 3,587.4 million, reflecting strong operational performance [13]. - For Q1 2024, the revenue growth was 5.5%, and net profit growth was 16.0% [5]. Loan and Deposit Growth - The company’s loans grew by 16.7% year-on-year in 2023, with significant contributions from infrastructure and inclusive finance loans [5]. - Deposits increased by 13.9% in 2023, with personal deposits growing by 4.4% [5]. Asset Quality - The non-performing loan ratio decreased to 1.25% in Q1 2024, with a credit cost ratio of 1.33%, indicating improved asset quality [6]. - The provision coverage ratio stood at 305% at the end of Q1 2024, showing a strong buffer against potential loan losses [6]. Future Outlook - The company is expected to maintain a revenue growth of 5.5% and a net profit growth of 13.8% in 2024, supported by stable loan growth and improving credit costs [6].

Investment Rating - The report maintains a "Buy" rating for Qilu Bank, emphasizing its strong performance and growth potential in the context of the Shandong province's economic policies [3]. Core Insights - Qilu Bank's revenue growth rate is projected to remain above 5%, with net profit growth expected to exceed 15% [7]. - The bank is focusing on county-level finance and innovation-driven finance, aiming for differentiated competition in a challenging market environment [3]. - The bank's non-interest income is expected to maintain a growth rate of over 20%, with a positive trend in fee income [4]. Financial Performance Summary - **Revenue and Profit Growth**: In Q1 2024, Qilu Bank reported a revenue increase of 5.5% year-on-year, while net profit rose by 16.1% [7]. - **Net Interest Income**: The quarterly net interest income increased by 4.7%, with an annualized net interest margin maintained at 1.53% [12]. - **Asset and Liability Management**: The bank's interest-earning assets grew by 18.5% year-on-year, with loans increasing by 15.8% in Q1 2024 [14]. - **Non-Interest Income**: The growth rate of non-interest income remained above 20%, with fee income turning positive [4]. Asset Quality - **Non-Performing Loans**: The non-performing loan ratio remained stable at 1.25% in Q1 2024, with a coverage ratio exceeding 300% [4][14]. - **Loan Composition**: The bank's loan portfolio is increasingly focused on public sector loans, with significant growth in green and innovation-related loans [19]. Dividend Policy - The bank's dividend payout ratio increased to 26.73%, with an estimated static dividend yield of 5.71% for 2024 [4][3].

详解齐鲁银行2023年报&2024一季报：规模与业绩增长均稳健；分红提升 齐鲁银行(601665)/银行 证券研究报告/公司点评 2024年04月29日 [Table_Industry] [评Ta级ble：_T增itle持] (维持) [公Ta司bl盈e_利Fi预na测nc及e]估 值 市场价格：4.78 指标 2022A 2023A 2024E 2025E 2026E 营业收入（百万元） 11,052 11,940 12,575 13,254 13,915 分析师 戴志锋 增长率yoy% 8.82% 8.04% 5.31% 5.40% 4.99% 执业证书编号：S0740517030004 净利润（百万元） 3,587 4,234 4,886 5,516 6,229 Email：daizf@zts.com.cn 增长率yoy% 18.15% 18.04% 15.40% 12.88% 12.93% 每股收益（元） 0.78 0.90 1.04 1.17 1.32 分析师 邓美君 净资产收益率 12.66% 13.26% 13.74% 14.06% 14.20% 执业证书编号：S0740519050002 P/ ...

Investment Rating - The report maintains a "Buy" rating for Qilu Bank (601665) [1] Core Views - Qilu Bank demonstrated strong performance in 2023 and Q1 2024, with significant growth in revenue and net profit [1] - The bank's ROE improved, and its core capital was further strengthened [1] - Asset expansion remained robust, with total assets exceeding 600 billion yuan, growing by 19.6% YoY in 2023 [1] - The bank's loan portfolio grew steadily, with corporate loans driving the growth, increasing by around 20% YoY [1] - Qilu Bank's asset quality improved, with the non-performing loan ratio declining to 1.25% in Q1 2024 [1] - The bank's core tier-1 capital adequacy ratio increased to 10.23% in Q1 2024, supported by internal profit retention and convertible bond issuance [2] Financial Performance - In 2023, Qilu Bank achieved operating revenue of 11.95 billion yuan, up 8.03% YoY, and net profit attributable to shareholders of 4.23 billion yuan, up 18.02% YoY [1] - In Q1 2024, operating revenue reached 3.02 billion yuan, up 5.53% YoY, and net profit attributable to shareholders was 1.18 billion yuan, up 15.98% YoY [1] - The bank's weighted average ROE was 12.90% in 2023, up 0.98 percentage points YoY, and 12.25% in Q1 2024, up 0.9 percentage points YoY [1] - The dividend payout ratio increased to 26.7% in 2023, up 1.2 percentage points from 2022 [1] Asset and Loan Growth - Total assets grew by 19.6% YoY in 2023, reaching over 600 billion yuan, and continued to expand by 18.1% YoY in Q1 2024 [1] - Loan growth remained strong, with total loans exceeding 300 billion yuan in 2023, up 16.7% YoY, and 15.8% YoY in Q1 2024 [1] - Corporate loans were the primary driver, with growth rates around 20% YoY in both 2023 and Q1 2024 [1] Asset Quality and Capital Adequacy - The non-performing loan ratio decreased to 1.26% at the end of 2023, down 3 basis points YoY, and further declined to 1.25% in Q1 2024 [1] - The provision coverage ratio improved to 303.58% at the end of 2023, up 22.52 percentage points YoY, and reached 304.8% in Q1 2024 [1] - Core tier-1 capital adequacy ratio increased to 10.16% at the end of 2023, up 43 basis points from Q3 2023, and further rose to 10.23% in Q1 2024 [2] Future Outlook - The report forecasts net profit attributable to shareholders to grow by 18.68%, 18.85%, and 20.90% in 2024, 2025, and 2026, respectively [2] - EPS is projected to be 1.07 yuan, 1.27 yuan, and 1.53 yuan for 2024, 2025, and 2026, respectively [2] - The bank is expected to benefit from regional economic growth, digital transformation, and increased credit demand, supporting stable revenue growth [1][2] Financial Metrics - Operating revenue is expected to grow to 13.29 billion yuan, 15.12 billion yuan, and 17.50 billion yuan in 2024, 2025, and 2026, respectively [3] - Net interest income is projected to increase to 9.87 billion yuan, 11.03 billion yuan, and 12.31 billion yuan in 2024, 2025, and 2026, respectively [7] - The cost-to-income ratio is expected to remain stable at around 26.5% in 2024 and 2025, before declining to 25% in 2026 [9]

Financial Performance - As of the end of 2023, Qilu Bank's total assets exceeded RMB 600 billion, with a net profit growth of 18%[11] - The company's operating revenue for 2023 reached CNY 11,951,862 thousand, an increase of 8.03% compared to CNY 11,063,702 thousand in 2022[26] - The net profit for 2023 was CNY 4,269,083 thousand, reflecting a growth of 17.58% from CNY 3,630,907 thousand in 2022[26] - Non-interest income grew by 23.53%, contributing to an overall revenue increase of 8.03% year-on-year[13] - The bank's net profit for village and town banks was 204 million yuan, with a return on assets of 1.38%[54] - The bank's net profit attributable to shareholders for Q4 2023 was CNY 1,296,497 thousand, showing a significant increase compared to CNY 930,526 thousand in Q3 2023[36] - The bank's total income from all business segments reached CNY 11,951,862 thousand, an increase from CNY 11,063,702 thousand in 2022[122] - The company reported a significant increase in net profit for the year, reaching RMB 1.5 billion, representing a 20% year-over-year growth[160] Asset Quality - The bank's non-performing loan ratio stood at 1.26%, with a provision coverage ratio of 303.58%, indicating continuous improvement in asset quality over five consecutive years[13] - The company's non-performing loan ratio improved to 1.26% in 2023, down from 1.29% in 2022[29] - The loan impairment provision at the end of the reporting period was CNY 11.488 billion, with a coverage ratio of 303.58%, an increase of 22.52 percentage points from the previous year[99] - The overall asset quality remained stable, with the total NPL amount decreasing by 0.03 percentage points compared to the previous year[91] - The overdue loans at the end of the reporting period amounted to CNY 30.15 billion, representing 1.00% of the total loans[94] Loan Growth and Distribution - The total loan amount increased by 16.69% to CNY 300,193,113 thousand in 2023, up from CNY 257,261,568 thousand in 2022[26] - The total loan balance at the end of 2023 reached CNY 300,193,113 thousand, with a non-performing loan (NPL) balance of CNY 3,784,209 thousand, resulting in an NPL ratio of 1.26%[86] - The total loan balance in the manufacturing sector was CNY 29,387,333 thousand, with an NPL balance of CNY 1,666,289 thousand, resulting in an NPL ratio of 5.67%[86] - The total loan balance in the wholesale and retail sector was CNY 30,467,657 thousand, with an NPL balance of CNY 455,672 thousand, resulting in an NPL ratio of 1.50%[86] - The total loan balance in the leasing and business services sector was CNY 61,921,603 thousand, with an NPL balance of CNY 77,665 thousand, resulting in an NPL ratio of 0.13%[86] Customer Engagement and Digital Transformation - Retail customers reached over 7.2 million, with personal financial assets surpassing RMB 260 billion, marking a 20% increase[12] - Online inclusive loans grew by 40%, driven by the digital transformation strategy[12] - The bank's digital transformation strategy was elevated to a top-level initiative, with a dedicated leadership team established[61] - The bank has actively engaged in cross-industry cooperation with technology firms like Inspur and Huawei to build a digital supply chain financial system[13] - Mobile banking customers reached 2.86 million, with an increase of 551,700 during the reporting period[58] Capital and Liquidity Management - The bank's cash dividend proposal is RMB 2.20 per 10 shares, pending approval at the annual general meeting[8] - The net stable funding ratio stood at 149.31%, indicating a strong liquidity position[34] - The liquidity coverage ratio reached 264.32%, reflecting a robust ability to cover short-term cash outflows[35] - The bank has issued CNY 20 billion in perpetual bonds to optimize its capital structure and enhance capital strength[31] - The total amount of bonds payable (excluding interest) was CNY 646.72 billion, reflecting a growth of 51.67% compared to the previous year[112] Strategic Initiatives and Future Outlook - The bank plans to continue focusing on innovation and stability in 2024, aligning with national economic policies and financial strategies[12] - The company plans to continue expanding its market presence and investing in new technologies to enhance service offerings and operational efficiency[26] - The bank's development strategy focuses on high-quality development, with an emphasis on retail banking, green finance, and digital operations[147] - The bank aims to implement its new three-year development plan and accelerate its digital transformation strategy in 2024[148] - The company is exploring potential mergers and acquisitions to enhance its service offerings and market share[167] Governance and Compliance - The company has established a comprehensive anti-money laundering internal control system, effectively identifying customer identities and reporting large and suspicious transactions[143] - The company has not faced any penalties from securities regulatory authorities in the past three years[180] - The board of directors consists of 13 members, including 4 executive directors and 9 non-executive directors (5 of which are independent directors)[181] - The company has established a performance assessment method for senior management for the year 2023[175] - The company has set up specialized committees, including the Audit Committee and the Strategic Committee, to enhance governance and oversight[189]

齐鲁银行股份有限公司 2024-2026 年股东回报规划 为进一步强化股东回报意识，为股东提供持续、稳定、合理 的投资回报，根据《中华人民共和国公司法》《中华人民共和国证 券法》以及《上市公司监管指引第 3 号——上市公司现金分红》《关 于进一步落实上市公司现金分红有关事项的通知》《上海证券交易 所上市公司自律监管指引第 1 号——规范运作》及《公司章程》 等相关规定，综合考虑实际经营情况和长期发展需要，齐鲁银行 股份有限公司（以下简称"本行"）制定了《齐鲁银行股份有限公 司 2024-2026 年股东回报规划》（以下简称"规划"）。 一、基本原则 本行充分考虑和重视对投资者的合理投资回报，分红政策应 保持连续性和稳定性，同时兼顾全体股东的整体利益及本行的可 持续发展。本行在利润分配政策的研究论证和决策过程中，应充 分考虑独立董事和中小股东的意见。 二、规划考虑的因素 在综合分析银行业经营环境、股东要求、社会资金成本、外 部融资环境和监管政策等因素的基础上，本行将充分考虑目前及 未来的业务发展、资本需求、盈利规模、所处发展阶段和自身流 动性等情况，平衡业务持续发展与股东综合回报二者间的关系， 建立对投资者持续 ...